Thanks to global warming, hurricanes, floods, fires, and other natural disasters are on the rise. And robbery and vandalism in Florida are at an all-time high. So if you own a condo and don’t have Florida condo insurance you risk losing everything you own. Here’s how to get cheap Florida condo insurance with an A-rated company.
Florida Condo Insurance
Most condominium association insurance policies only protect the condominium structure. It doesn’t protect your personal property or provide you with liability insurance.
Here’s what standard condo insurance covers:
Condo insurance pays to replace your personal property when it’s stolen, or when it’s been damaged by fire, smoke, vandalism, natural disasters, or plumbing leaks. Condo insurance covers your property even if it’s stolen or damaged at a location other than your condo. Standard condo association insurance covers your interior walls, carpets, and ceiling.
To determine how much property coverage you need, take an inventory of your personal property and use the total value as your insurance amount
Condo insurance pays for another person’s bodily injury medical bills and property damage bills when you or your family are found to be at fault. It also pays for your legal fees.
You should have enough liability insurance to cover all your assets – savings accounts, CDs, stocks, bonds, etc. – in case a lawsuit is filed against you.
How to Get Cheap Florida Condo Insurance
In order to get the best price on Florida condo insurance you need to get quotes from a number of insurance companies. You can do this quickly and easily by visiting an insurance comparison website.
Insurance comparison websites work with large insurance companies who bid for you insurance business. At one of these sites you fill out a simple questionnaire with information about your condo and the type of insurance you want, then you receive quotes that you can compare.
The better insurance comparison sites have an articles section where you can get money-saving tips, and a chat feature where you can talk with an insurance professional so you can ask questions and get insurance advice (see link below.)
Before you visit one of these sites, check with your condominium association to find out what they cover, and have your current condo insurance policy handy to help answer any questions on the site’s questionnaire. As you fill in the questionnaire make sure to request the highest deductible you can afford, and all the discounts you’re eligible for, in order to get the cheapest quote.
Visit http://www.LowerRateQuotes.com/homeowners-insurance.html or click on the following link to get cheap Florida insurance quotes online from top-rated companies and see how much you can save. You can get more insurance tips in their Articles section.